I predicted the opening price would break the initial offering price. While chatting with friends in a group, I guessed a target price of 0.03 for a rebound, reasoning that after the pre-sale, a rebound would at least bring the price back to the pre-sale price of 0.045-0.05, which would have offered some profit potential. However, I misjudged the market sentiment and the project team's willingness to back down. After talking with friends, I learned from other group members that investors are investing in equity. Institutional investment costs are not a reliable indicator in the crypto; they're just seen as a drain on resources. Tokens are for cashing out, while equity is for sharing in the company's growth.

Lately, all my trades have been so profitable that if I don't cash out, I'll get hammered. The liquidity available for Altcoin is dwindling. The stupidest thing to do is to not cash out and even add to your position.